At a glance

What you'll get

  • 13.24% p.a. purchase interest rate
  • Up to 55 days interest free on purchases
  • $89 annual fee
  • Minimum credit limit of $4,000
  • Included international travel insurance, simply activate before you travel1
  • Up to 1 year extended warranty on most purchases1
  • Purchase security insurance available for most lost, stolen or damaged purchases1
  • Priceless® Cities offers and experiences

Trade-offs

  • You won’t earn Awards points
  • Higher annual fee compared to some of our other credit cards
  • Higher interest rates compared to our CommBank Essentials credit card
  • International transaction fees apply

Earn on the go with up to $300 cashback.

Enjoy 10% cashback on eligible purchases, up to $100 per month, for the first three months with a new Low Rate Gold credit card. Apply by 31 October 2019.~

Control & security for your card

Lock, Block, Limit®

Instantly lock, block or limit your credit card for extra control through the CommBank app or NetBank.

Show me how

Stay in control of your spending

Security protection

Mobile payments & wearables

Secure, cashless payments are possible using your compatible phone or wearable. And now you can make fast and secure payments with Apple Pay.

Discover more

Cyclist

Rates & fees

Other fees may apply so check our standard fees and charges and read the key facts about our credit cards.

Type
Rates & fees
Conditions
Additional cardholder fee
$0
   
Annual fee
$89
   
Balance transfer rate
5.99% p.a.
Pay a low 5.99% p.a. in interest for the first 5 months on the balance you bring across, cash advance rate thereafter. Conditions apply.
Cash advance interest rate
21.24% p.a.
Cash advances may be unavailable or subject to a limit restriction.  
Cash advance fee
$3.00 or 3.00% of the transaction amount – whichever is greater2
This is charged for cash advances from CommBank branches or other Australian financial institutions, ATMs, overseas terminals or financial institutions, funds transfers using CommBank networks and purchases of cash equivalent items, such as gambling, lottery tickets and money transfers.2  
Interest free period on purchases
Up to 55 days
   
International transaction fee
3.00%
This is charged when you make a transaction in a foreign currency or make a transaction in Australian dollars:
  • While overseas; or
  • In Australia (for example online) where the merchant, or the financial institution or entity processing the transaction, is located overseas
For cash advances, the cash advance fee will also apply.
Late payment fee
$20
The amount charged if you don't pay the minimum amount, plus any overdue amount, by your statement due date.
Minimum credit limit
$4,000
   
Purchase interest rate
13.24% p.a.
   

Looking for something else?

Things you should know

The information on this website has been prepared without considering your objectives, financial situation or needs. Because of that, you should, before acting on the information, consider its appropriateness to your circumstances. Please view our Financial Services Guide.

~ Promotion applies to all new Low Rate Gold credit cards, applied for between 02/09/2019 and 31/10/2019. The 10% cashback is based on eligible purchases made on your card in the first three months from activation up to the value of $100 per month (excludes balance transfers, cash advances and any purchase that is reversed or refunded) each month is calculated as a 30 day period.

Offer excludes all existing cards, card migrations and is not available to customers who currently hold, or have held, any Low Rate cards types in the 12 months prior. Offer only available on one credit card per customer. Cashback will appear on your statement as ‘cashback’ each month within 90 days of you meeting the monthly eligibility criteria. You will be ineligible for the cashback if your account is closed or switched to another card, or in default at any time prior to the cashback being credited to your account. 

1 Travel insurance included on your credit card provides cover for you, your spouse and your accompanied children for return trips from Australia, up to a set period. You will need to activate your travel insurance for each trip in order to have a comprehensive level of cover. To activate your cover, register on Netbank, the CommBank app or call Cover-More on 1300 467 951 before you travel.

If you don’t activate you’ll receive Base medical which includes personal liability cover and unlimited overseas emergency medical assistance and hospital expenses only. Restrictions, exclusions (including for pre-existing medical conditions and persons aged 80 years or over), limits, sub-limits and excesses apply.

Before making a decision, refer to the Credit Card Insurances Product Disclosure Statement and Information Booklet for full conditions. Insurance issued and administered by Cover-More Insurance Services Pty Ltd (AFSL 241713, ABN 95 003 114 145) on behalf of the insurer Zurich Australian Insurance Limited (AFSL 232507, ABN 13 000 296 640) for Commonwealth Bank of Australia.

If you purchase an Upgrade Policy, we receive a commission which is a percentage of your premium - ask us for more details before we provide you with any services on this product.including for pre-existing medical conditions and persons aged 80 years or over), limits and excesses may apply to all insurances. More information and the relevant Credit Card Insurances Product Disclosure Statement and Information Booklet can be found here.

2 A maximum charge of $300 (or a flat fee of $3.00 applies if your closing balance on previous business day was in credit). 

Mastercard® and Priceless are registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Commonwealth Bank of Australia ABN 48 123 123 124 and Australian credit licence 234945.